Under the terms of the Whitbread Directors' Incentive Scheme, the following awards of shares were executed on 14 May 2012 in favour of senior executives of the Company in respect of the financial year ended 1 March 2012.
Number of Shares
Simon Barratt 5,922
Patrick Dempsey 7,291
John Derkach 17,857
Andy Harrison 16,618
Christopher Rogers 11,689
Louise Smalley 5,302
* The number of shares have been calculated by dividing such part of the executive's bonus as the executive is entitled to receive in Ordinary Shares of 76 122/153p each in the capital of Whitbread PLC by the average of the middle-market closing price of the shares during the five dealing days preceding 1 March 2012 (£17.062).
* The awards made under the Directors' Incentive Scheme are not subject to any performance conditions. Under normal circumstances, the awards will vest in full subject to the executive remaining an employee of Whitbread until the third anniversary of the Award Date, as defined in the rules of the scheme.
Head of Secretariat & Risk Management
Tel: 01582 889346
14 May 2012
This information is provided by RNS
The company news service from the London Stock Exchange
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.